Chonburi Concrete Product Stock Book Value Per Share
| CCP Stock | THB 0.36 0.01 2.86% |
Chonburi Concrete Product fundamentals help investors to digest information that contributes to Chonburi Concrete's financial success or failures. It also enables traders to predict the movement of Chonburi Stock. The fundamental analysis module provides a way to measure Chonburi Concrete's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Chonburi Concrete stock.
Chonburi |
Chonburi Concrete Product Company Book Value Per Share Analysis
Chonburi Concrete's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current Chonburi Concrete Book Value Per Share | 0.48 X |
Most of Chonburi Concrete's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Chonburi Concrete Product is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
| Competition |
In accordance with the recently published financial statements, the book value per share of Chonburi Concrete Product is about 0.479 times. This is 99.9% lower than that of the Construction Materials sector and 98.88% lower than that of the Materials industry. The book value per share for all Thailand stocks is 99.98% higher than that of the company.
Chonburi Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Chonburi Concrete's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Chonburi Concrete could also be used in its relative valuation, which is a method of valuing Chonburi Concrete by comparing valuation metrics of similar companies.Chonburi Concrete is currently under evaluation in book value per share category among related companies.
Chonburi Fundamentals
| Return On Equity | 0.0088 | |||
| Return On Asset | 0.0107 | |||
| Profit Margin | 0 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 1.59 B | |||
| Shares Outstanding | 2.77 B | |||
| Shares Owned By Insiders | 60.97 % | |||
| Price To Earning | 200.00 X | |||
| Price To Book | 0.86 X | |||
| Price To Sales | 0.47 X | |||
| Revenue | 2.36 B | |||
| Gross Profit | 276.51 M | |||
| EBITDA | 258.88 M | |||
| Net Income | 24.52 M | |||
| Cash And Equivalents | 48.07 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 75.5 M | |||
| Debt To Equity | 65.30 % | |||
| Current Ratio | 1.02 X | |||
| Book Value Per Share | 0.48 X | |||
| Cash Flow From Operations | 242.66 M | |||
| Number Of Employees | 22 | |||
| Beta | 1.26 | |||
| Market Capitalization | 1.3 B | |||
| Total Asset | 2.83 B | |||
| Retained Earnings | 448 M | |||
| Working Capital | (187 M) | |||
| Current Asset | 832 M | |||
| Current Liabilities | 1.02 B | |||
| Z Score | 10.2 | |||
| Annual Yield | 0.03 % | |||
| Net Asset | 2.83 B | |||
| Last Dividend Paid | 0.013 |
About Chonburi Concrete Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Chonburi Concrete Product's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Chonburi Concrete using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Chonburi Concrete Product based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Chonburi Concrete
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chonburi Concrete position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chonburi Concrete will appreciate offsetting losses from the drop in the long position's value.Moving against Chonburi Stock
| 0.86 | SCB | SCB X Public | PairCorr |
| 0.73 | PTTEP | PTT Exploration | PairCorr |
| 0.7 | KBANK-R | Kasikornbank Public | PairCorr |
| 0.63 | KBANK | Kasikornbank Public | PairCorr |
| 0.57 | PTT-R | PTT Public | PairCorr |
The ability to find closely correlated positions to Chonburi Concrete could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chonburi Concrete when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chonburi Concrete - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chonburi Concrete Product to buy it.
The correlation of Chonburi Concrete is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chonburi Concrete moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chonburi Concrete Product moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chonburi Concrete can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chonburi Concrete Product. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Chonburi Stock analysis
When running Chonburi Concrete's price analysis, check to measure Chonburi Concrete's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chonburi Concrete is operating at the current time. Most of Chonburi Concrete's value examination focuses on studying past and present price action to predict the probability of Chonburi Concrete's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chonburi Concrete's price. Additionally, you may evaluate how the addition of Chonburi Concrete to your portfolios can decrease your overall portfolio volatility.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |